Tag Archives: Insurance

Simplify Your Insurance Agency’s Operations With an Agency Management System

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It does not matter if your insurance agency is large or if it is small. There are things that can help improve the way that you do business. One of the best ways to help improve efficiency and reduce operating costs is by utilizing Insurance Agency Management Systems. There are many benefits to using this kind of service.

Most insurance companies use some kind of management system to aid in the daily operation of their business. It’s vital to get on board with a suitable management system in order for your agency to stay competitive. Here are the benefits to help you make that decision.

  • The software will help you pull all of your files into one centralized place. This will provide you with easy and quick access to them. You will also find that part of the system can be used to back up files and lessen the risk

3 Benefits of Captive Insurance

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Business owners know that they need to be insured against certain things, such as medical malpractice or product liability. An option that some business owners may not know about is captive insurance. It is an insurance company that is owned and operated by the insured. It has certain benefits that are not always available through traditional insurance companies.

1. Customization

One of the attractive features of captive insurance includes the ability to customize insurance coverage to fit the needs of the company. Trying to find an existing policy that has all the desired coverage options without having anything unnecessary added can be very difficult. Speak to someone who is experienced in captive consulting to figure out a personalized plan.

2. Extra Coverage                  

Sometimes a business might need extra protection from things that are not usually insured. Terrorism insurance and credit risk protection are not generally available in the commercial marketplace …